AEJ 0.00% $8.00 redbank energy limited

bottomfeeder1 ,yes, great news, but they state they have...

  1. LZA
    1,855 Posts.
    bottomfeeder1 ,
    yes, great news, but they state they have deferred interest and principal repayments for end of year - i thought they had cash flow to cover required payments - i sniff a cash squeeze here.
    with the mediation outcome in Feb, and the review in March, we should know how it stacks up, but if mediation outcome is bad they seem to indicate business may be insolvent.

    i guess more waiting and watching!
 
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